Totaling over $11 million in
new orders from Europe in less
than 90 days
TEL
AVIV, Israel, July 11,
2024 /PRNewswire/ -- SuperCom (NASDAQ:
SPCB), a global provider of secured solutions for the
e-Government, IoT, and Cybersecurity sectors, is pleased to
announce the receipt of new orders from European governments valued
at $2.9 million. These orders are
expected to be delivered in the next four months. This is the third
group of orders from European clients in the past 90 days, bringing
the total value of new orders from the region to over $11 million in this period.
"We are delighted to continue our strong collaboration with
European governmental clients," stated Ordan Trabelsi, President & CEO of SuperCom.
"These consecutive orders underscore the confidence our customers
have in SuperCom's advanced technology and our unwavering
commitment to enhancing public safety. It is a testament to our
team's dedication to delivering high-quality, reliable
solutions."
"Securing over $11 million in new
orders from Europe in less than 90
days is a significant achievement for SuperCom. It highlights our
leadership in the electronic monitoring sector and our ability to
meet our clients' evolving needs consistently. We are committed to
ensuring successful project execution and fostering lasting
partnerships with governments worldwide," Ordan concluded.
SuperCom's PureSecurity Suite is an end-to-end electronic
monitoring solution with state-of-the-art GPS tracking,
communication, monitoring technologies, and a secure software
platform providing real-time tracking and reporting. The system was
designed specifically to meet the needs of correctional facilities
and law enforcement agencies, providing them with the tools they
need to manage offenders effectively and ensure public safety.
About SuperCom
Since 1988, SuperCom has been a global provider of traditional
and digital identity solutions, providing advanced safety,
identification, and security solutions to governments and
organizations, both private and public, worldwide. Through its
proprietary e-Government platforms and innovative solutions for
traditional and biometrics enrollment, personalization, issuance,
and border control services, SuperCom has inspired governments and
national agencies to design and issue secure Multi-ID documents and
robust digital identity solutions to its citizens and visitors.
SuperCom offers a unique all-in-one field-proven RFID & mobile
technology and product suite, accompanied by advanced complementary
services for various industries, including security and safety,
community public safety, law enforcement, electronic monitoring,
and domestic violence prevention. For more information, please
visit SuperCom's website, www.supercom.com
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Statements preceded or followed by or that otherwise
include the words "believes", "expects", "anticipates", "intends",
"projects", "estimates", "plans", and similar expressions or future
or conditional verbs such as "will", "should", "would", "may" and
"could" are generally forward-looking in nature and not historical
or current facts. These forward-looking statements are subject to
risks and uncertainties that could cause our actual results to
differ materially from the statements made. Examples of these
statements include, but are not limited to, statements regarding
business and economic trends, the levels of consumer, business and
economic confidence generally, the adverse effects of these risks
on our business or the market price of our ordinary shares, and
other risks and uncertainties described in the forward looking
statements and in the section captioned "Risk Factors" in our
Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities
and Exchange Commission (the "SEC") on April
22, 2024, our reports on Form 6-K filed from time to time
with the SEC and our other filings with the SEC. Except as required
by law, we not undertake any obligation to update or revise these
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date of this press
release.
SuperCom Investor Relations:
ir@supercom.com
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SOURCE SuperCom